Nigeria Seeks $2bn China Loan To Build National Super Grid, Tackle Power Deficit — Power Minister

Nigeria is negotiating a $2 billion loan with China’s Export-Import Bank to fund the construction of a new “super grid” designed to resolve the nation’s chronic electricity shortages and stimulate industrial expansion. Power Minister Adebayo Adelabu disclosed this at an economic summit in Abuja on Monday, explaining that the proposed transmission network will connect the…

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Obaseki’s Whereabouts Unknown, He Fled Nigeria Through Land Borders Ahead Of Tenure Expiration – Edo Gov-Elect Okpebholo Alleges

Edo State Governor-elect, Senator Monday Okpebholo, has alleged that the outgoing governor of the state, Godwin Obaseki, has fled Nigeria through the land borders. Okpebholo is expected to be sworn into office on Tuesday, meaning that Obaseki will lose his immunity. Obaseki last week said he heard that the Economic and Financial Crimes Commission (EFCC)…

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